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State of Oregon Partners with GovDeals to Save Time and Money

Liquidity Services- February 28, 2017

GovDeals, our leading marketplace for surplus and confiscated items from state and local U.S. government agencies, was recently featured on KATU 2 News in Salem, Oregon.

The coverage focused on how the State of Oregon government has used GovDeals for several years to sell its surplus items. The State says it appreciates the efficiency of GovDeals’ self-service model, which reduces fees and turnaround time when selling items, and compares it favorably to competitors such as eBay. The State has sold everything from vehicles and dishwashers to generators on GovDeals, mostly to local buyers.

A subsidiary of Liquidity Services, GovDeals provides an innovative solution for government agencies to turn idle assets into surplus capital through our online marketplace and reverse supply chain services. Over 8,500 agencies successfully utilize GovDeals in the U.S. and Canada, collectively selling over $1 billion in surplus assets from vehicles and aviation equipment to heavy construction equipment and industrial machinery and equipment.

To learn more about GovDeals, please visit our website.

Liquidity Services

Liquidity Services (NASDAQ: LQDT) employs innovative e-commerce marketplace solutions to manage, value, and sell inventory and equipment for business and government clients. We operate a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. Our superior service, unmatched scale, and ability to deliver results enable us to forge trusted, long-term relationships with over 10,000 clients worldwide. With nearly $7 billion in completed transactions, and 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com.